investment
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A Greener Belt and Road Initiative? China’s Commitment to Sustainability
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In March 2022, China released a set of opinions to push green infrastructure development in its Belt and Road Initiative (BRI), a trillion-dollar strategy to fund infrastructure projects across 100 countries. Under its “Opinions on Jointly Promoting Green Development of the Belt and Road,” China pledged to develop green capabilities…
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La democracia paga: nueva evidenca sobre su impacto en el crecimiento económico
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Es tentador ser escépticos sobre la relación causal entre democracia y crecimiento económico, especialmente con ejemplos como China, el eclipse de la primavera árabe o el aumento del populismo en Europa y Estados Unidos. Sin embargo, nueva evidencia empírica muestra que la democratización aumenta el PIB per cápita entre 20…
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Higher Savings, Lower Returns: The Unacknowledged Externalities of Financial Innovation
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New research shows how innovation in finance may increase the aggregate demand for investments over time, yet lower the expected return on assets.
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International Tax Havens: Are Multinationals Gaming the System?
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Despite enormous efforts to minimize financial burdens through innovative international tax planning, multinational corporations still face Effective Tax Rates largely determined by the nationality of their headquarters.
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From East to Mid-West: Boosting Chicago’s Economy through Foreign Investment
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Attracting foreign direct investment will maintain Chicago’s competitiveness in the global marketplace.
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iFlating the U.S. Trade Deficit with China
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While designed and marketed in Cupertino, California, the iPhone is estimated to have contributed $1.9 billion to the U.S. trade deficit with China in 2009. This is the finding of Yuqing Xing and Neal Detert, two economists with the Asian Development Bank Institute.